Cancel limit orders after x number of bars

[mlarocco]

Hi,
Below is part of my code from a strategy I created. I am calling an ATM strategy from within the code. I would like to be able to cancel the limit order if it's not filled in x number of bars or if price moves x number of ticks from the order. I haven't been able to figure out how to accomplish this. Any help would be appreciated.

// Condition set 1
if (orderId.Length == 0 && atmStrategyId.Length == 0 && ToTime(Time[0]) >= ToTime(StartHour, StartMinute, 0)
&& ToTime(Time[0]) < ToTime(EndHour, EndMinute, 0)
&& < My Condition>
)
{
atmStrategyId = GetAtmStrategyUniqueId();
orderId = GetAtmStrategyUniqueId();
AtmStrategyCreate(Cbi.OrderAction.Sell, OrderType.Limit, Close[0], 0, TimeInForce.Day, orderId, "TwoBarHighLowATM", atmStrategyId);

}


Thanks

[NinjaTrader_Joydeep]

Hello mlarocco,
You can store the bar number on which the order was submitted and further check it. A sample code will be like:

//in Variable

int currentBar = 0;

//in OnBarUpdate

// Condition set 1
if (orderId.Length == 0 && atmStrategyId.Length == 0 && ToTime(Time[0]) >= ToTime(StartHour, StartMinute, 0)
&& ToTime(Time[0]) < ToTime(EndHour, EndMinute, 0)
&& < My Condition>
)
{
atmStrategyId = GetAtmStrategyUniqueId();
orderId = GetAtmStrategyUniqueId();
AtmStrategyCreate(Cbi.OrderAction.Sell, OrderType.Limit, Close[0], 0, TimeInForce.Day, orderId, "TwoBarHighLowATM", atmStrategyId);

[B]currentBar = CurrentBar;[/B]
}


//cancel the order if not filled within the next 5 bars
[B]if (orderId.Length > 0 && CurrentBar - currentBar > 5)[/B]
{
    //do something
}

[mlarocco]

Thanks for the quick reply, I will give it a try today.

[mlarocco]

One more question.... where you have //do something, what is the syntax to cancel the ATM orders?

Thanks

[NinjaTrader_Joydeep]

Hello mlarocco,
You can use the AtmStrategyCancelEntryOrder method to cancel the entry order. Please refer to our help guide to know more about it.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?atmstrategycancelentryorder.htm

[mlarocco]

Thank you....